Value-Add Mixed-Use Opportunity - Three (3) Units For Sale An excellent investment or owner-user opportunity is now available with this fully renovated mixed-use property. The building includes two (2) residential units and one (1) ground-level retail/commercial space, offering strong value-add potential. - Unit 1: Approx. 800 SF commercial/retail space featuring… Read More a private restroom, kitchenette, and generous storage - ideal for an owner-occupant or to maximize rental income. - Unit 2: One-bedroom studio apartment, perfect for consistent rental income. - Unit 3: Two-bedroom apartment with separate living and dining rooms. Currently tenant-occupied with approximately four months remaining on the lease. Renovated in 2020, the property features updated electrical and plumbing systems throughout, ensuring modern infrastructure and long-term durability. Additional highlights include rear parking and approved plans for an ADA ramp to the commercial space, adding both accessibility and value. Disclosure: The retail unit and select portions of the property still require finishing touches. The seller is open to completing the remaining work or offering the property as-is at a more favorable price. This flexibility allows you to customize or add value to the property according to your vision. Read Less
Courtesy of AYON CODNER, Keller Williams Real Estate - Allentown [email protected]
Listing Snapshot
Days Online
63
Last Updated
Property Type
Mixed Use
Square Ft.
2,878
Lot Size
0.11 Acres
Year Built
1843
MLS Number
PALH2012930
30 Days Snapshot Of 18102
$258k
+61%
(avg) sold price
4
+300%
homes sold
45
-8%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
2,878 net sqft, 2,878 total building sqft, Built in 1843, Major renovation in 2020, 3 units in building, Brick
Cooling
None, Ceiling Fan(s)
Expenses
Operating Expense: $16,100
Heating
Electric, Baseboard - Electric
Income
Gross Income: $60,420, Net Operating Income: $44,320
Lot
4,681 sqft, Lot Size Dimensions: 21.00 x 230.00, 0.11 acres
Parking
Private
Sewer
Public Sewer
Taxes
City/Town Tax: $625, City/Town Tax Pymnt Freq: Annually, County Tax: $338, County Tax Pymnt Freq: Annually, School Tax: $2,026, Tax Annual Amount: $2,989, Tax Year: 2025
Utilities
Hot Water: Electric
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